|Poster:||dead-head_Monte||Date:||Nov 3, 2011 9:18am|
|Forum:||occupywallstreet||Subject:||Re: Occupy Oakland spearheads Nov 2 general strike and day of action|
Re: the 99 % protesting the 1 % where they 'hang out'
Yes! Excellent point. An obvious point. The 99 % and the individual OWS movements are doing this all the time - more and more. Take another look, I've posted these two examples earlier:
• Occupy Wall Street Protest Heads to Millionaire’s RowHundreds of protesters participated in a "Millionaires’ March" that wound its way through New York City’s wealthy Upper East Side neighborhood. They called for an end to the concentration of wealth in the hands of a few and sought to pressure Governor Andrew Cuomo to extend a surcharge tax on the state’s wealthiest residents known as the "Millionaire’s Tax." The march stopped at the homes of several billionaires, including John Paulson, JPMorgan CEO Jamie Dimon, conservative billionaire David Koch, Emigrant Savings Bank chairman Howard Milstein, and News Corp. CEO Rupert Murdoch. The march was organized by 99 New York, a new coalition of groups formed around the growing Occupy Wall Street movement, and included trade unionists, retirees, students and an activist brass marching band.• Occupy Fort Collins March to Wells Fargo BankWells Fargo is the largest bank in Colorado
• 29 Sep 2011 - Bank of America announced plans to charge millions of customers $5 a month if they use their debit cards to make purchases. Bank of America got pummeled by consumers and politicians for introducing its plans for new debit-card fees. Most other big U.S. banks are steering clear of imposing similar charges.
• Wells Fargo is testing a $3 monthly debit-card fee in five states!
The debit-card fees stem from a provision in last year's Dodd-Frank financial-overhaul law that reduced by roughly half the amount that banks are permitted to charge merchants for debit-card transactions. Merchants had long complained that they were being charged too much to accept debit cards, which are typically used instead of cash and checks.
Banks are expected to lose more than $6 billion in annual revenue as a result of the new rules, according to industry estimates.
The debit-card fees have sparked an outcry among politicians — including members of Congress and President Obama — as well as customers, who have threatened to close their bank accounts and move to other institutions.
Community banks and credit unions are tapping into that fury by encouraging consumers to move to small institutions that don't charge such fees. Bethpage Federal Credit Union in New York, for example, said this week it signed up 1,500 customers — twice its normal rate — since Bank of America's plans became public.
In a statement, Wells Fargo said, "We regularly review our pricing and take into account the needs of our customers, industry trends, the market competition and our cost of doing business."
• 17 Oct 2011 - Wells Fargo reports Q3 earnings rose 21%. That works out to be 114% Annual Profit!
• 25 Oct 2011 - 300 Colorado Homeowners Close Their Accounts at Wells Fargo!
• 01 Nov 2011 - Bank of America Cancels New $5-per-month Debit Card Fee!
• OWS, march on bank - Googled for you